Explore the latest news, in-depth reports, and executive analysis tagged with #Aye Finance.
Bajaj Finance has been using TrueFan AI’s platform at scale to create millions of personalised videos for customer engagement and dealer communication.
The round also saw participation from Baring Private Equity India, Saison Capital Pte. Ltd. and UNLEASH, along with other investors.
The round values the digital banking startup at $450 million, marking a steep decline from the $1.5 billion it commanded in 2022.
Certain assets of the RemitX forex and cross-border business will be transferred to Niyo's subsidiary Kanji Forex.
The shares were picked up by a clutch of institutional investors, including Integrated Core Strategies (Asia), Singularity Large Value Fund III and F3 Advisors.
The acquisition is expected to bolster DSP Finance’s offerings in loans backed by financial assets, particularly mutual funds.
With the latest funding, the microfinance institution has raised Rs 70 crore in total funding during the current financial year ending on March 31, 2027.
The bank's asset quality improved, with gross non-performing assets (NPAs) declining to 4.36% from 6.31% and net NPAs reducing to 3.24% from 4.66% as of June 30, 2026.
The RBI clarified that Tata Sons' inclusion is subject to the outcome of its pending application for deregistration as an NBFC.
The proposed amendment, tabled by FM Nirmala Sitharaman, marks a shift from the existing legal framework, under which UPI enjoys a statutory exemption from MDR.
The NBFC arm, Dhanrise Finance, is scheduled to commence lending operations in October 2026.
The funding round also saw participation from existing investor Negen Capital.
The latest approval comes after Vested received an IFSCA Global Access Provider (GAP) licence in April.
BharatPe objected to Unity Bank's proposal that sought to amend the MoA to facilitate the conversion of some 90 crore warrants into CCPS.
In today's Money & Machines edition, we write on the return of crypto ban debate; and iMerit's acquisition.
Aspora, which aims to become neobanks for NRIs, built its tech infra for NRI banking in 2024. But...
The transaction will bring nearly 100 employees and 140 clients from C2FO India into Mynd Fintech.
Foxhog and its CEO Tarun Poddar are swiftly stepping into government corridors, IIT campuses, and media conclaves – all to burnish their image as a VC player.
While the government insists UPI is free, hidden charges, unsustainable incentives, and industry frustrations tell a different story.
According to the data revealed by the Ministry of Finance in a reply to Parliament, UPI fraud incidents surged by 85% in FY24.
